Arkansas § 14-121-308 - Authority to improve or extend districts, borrow money, and issue bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-121-308 — Authority to improve or extend districts, borrow money, and issue bonds., with citation guidance and answers to common questions.
§ 14-121-308. Authority to improve or extend districts, borrow money, and issue bonds.
The commissioners of any drainage district organized under the provisions of §§ 14-121-101 — 14-121-104, 14-121-201 — 14-121-207, 14-121-301, 14-121-303 — 14-121-305, 14-121-307, 14-121-309 — 14-121-314, 14-121-401 — 14-121-406, 14-121-408, 14-121-411, 14-121-412, 14-121-420 — 14-121-424, 14-121-425 (a), (b), 14-121-426 — 14-121-433, 14-121-440 — 14-121-442, 14-121-501, 14-121-502, 14-121-802 — 14-121-808, and 14-121-810 shall have the power as hereinafter provided, either before or after the completion of the plans for the work therein, to deepen or widen the drains in the district and to build additional laterals for the better drainage of its lands, and to borrow money for that purpose. To that end, they shall have power to issue negotiable bonds bearing a rate or rates of interest as provided in the resolution of the commissioners authorizing their issuance for the purpose of securing funds with which to complete the work of improvement in the district, and of widening or deepening the ditches, adding laterals, and for maintenance of the ditches and levees. They may secure the payment of the bonds by a pledge and a mortgage of the assessment of the benefits in the district, and of all reassessments thereof.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-121-308
What does Arkansas Code of 1987 Annotated § 14-121-308 cover?
Section 14-121-308 ("Authority to improve or extend districts, borrow money, and issue bonds.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 14-121-308?
A common citation format is "Arkansas Code of 1987 Annotated § 14-121-308" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 14-121-308 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.